Author : Marc Chandler

EM ended the week on a mixed note after posting strong post-FOMC gains. The bounce in risk seems likely to continue this week, with little on the horizon to...

The US dollar is beginning the week mostly firmer against the major and emerging market currencies.  The Japanese yen, where local markets were closed for the spring equinox is...

The year started poorly, to say the least. Equity markets plunged from the get-go.  The Nikkei, DAX and S&P 500 gapped lower on the first trading day of the...

After a relatively quiet period into the run-up to the ECB, speculative activity markedly increased in the CFTC reporting week ending the day prior to the conclusion of the...

The US dollar had a difficult week.  The price action after the ECB meeting had undermined the technical tone, and the dollar took another leg down after the FOMC...

In the EM equity space, China (+5.1%), South Africa (+3.8%), and Turkey (+3.6%) have outperformed this week, while Thailand (-0.7%), Qatar (-0.7%), and Colombia (-0.3%) have underperformed.  To put...

In our work, we have argued that the dollar is having its third significant rally since the end of Bretton Woods.  The first rally was associated with Reagan though...

The US dollar is firmer against most major and emerging market currencies to pare this week's decline.  There are three notable exceptions, and they are all in Asia.  For...

If there was one word Yellen emphasized yesterday it was caution.  The dot plot reflected that as well.  Can one ask if the Fed is being too cautious?   Yellen...

The cry that the dollar has peaked is gaining ground.  We are not convinced.  The macro-fundamental case remains intact.  Divergence between the US and other high-income countries continues, even...